Global investors remain bullish while warning of corporate overinvestment
Fund managers report high optimism for a global boom despite fears that firms are overinvesting. Most now prefer stronger balance sheets over capital spending.
Insights:
The Bank of America Corporation monthly fund manager survey announced today, February 17, 2026, shows that global investors remain "uber-bullish" and are heavily overweight equities and commodities. Despite this positioning, the report found a record share of respondents saying companies are overinvesting. This has led chief investment officers (CIOs) to express a preference for strengthening balance sheets rather than raising capital expenditure.
